PwC Article Assistant Interview Questions and Answers

Q1. TDS rates of various services
Ans. 
TDS rates vary for different services as per Income Tax Act.
• TDS rate for professional fees is 10%

• TDS rate for rent is 10% if the annual rent exceeds Rs. 1,80,000

• TDS rate for commission or brokerage is 5%
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Q2. Case study on PGBP etc
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Q1. What is tds ? How is it different from tcs
Ans. 
TDS stands for Tax Deducted at Source, while TCS stands for Tax Collected at Source. Both are types of taxes collected by the government.
• TDS is deducted by the payer at the time of making payment to the payee, while TCS is collected by the seller from the buyer at the time of sale of goods.

• TDS is applicable on various types of income like salary, interest, commission, etc., while TCS is applicable on the sale of certai...read more
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Very basic questions which you can solve easily .Try to revise reasoning of ca foundation and basic math formulae.

Q1. Questions related to standards of accounting and auditing
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Q1. It's just some basic questions.
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Mcq based reasoning and general aptitude

Q1. About latest update in AS or SA
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